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(Solved): 1. Acme Seed Company charges $2/lb for the first 10lb you buy of marigold seeds each week and $1/ l ...




1. Acme Seed Company charges \( \$ 2 / \mathrm{lb} \) for the first \( 10 \mathrm{lb} \) you buy of marigold seeds each week
1. Acme Seed Company charges for the first you buy of marigold seeds each week and lb for every pound you buy thereafter. If your income is /wk, draw your budget constraint for the composite good and marigold seeds. (LO1)


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Step-1The equation for the budget is, y=PxQx+PyQY(Budget)y $100X is mar
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